S&P Global Quotes Matt Roose on Rise of Out of Court Solutions and 2026 Distress

Business Restructuring co-leader Matt Roose shared perspective on private equity portfolio company distress and the evolving toolkit for sponsors and creditors in a recent S&P Global article.

Matt noted that abundant private credit and alternative capital have tempered Chapter 11 filings in 2025 by enabling issuers to bridge liquidity gaps and manage near-term maturities. He underscored that assembling creditor groups to execute out‑of‑court solutions remains viable.

“Out‑of‑court restructuring transaction reduces the administrative cost of doing the restructuring, and it also reduces the noise around the company and the restructuring since it’s not a public bankruptcy. That can have benefits for the business overall,” Matt said.